CAD/JPY BUY SIGNAL

Hey tradomaniacs,

welcome to another free trading-setup.


CAD/JPY: Daytrade-Execution

Market-Buy-Order: 83,650
Stop-Loss: 83,190

Point of Risk-Reduction: 83,910
Take-Profit: 84,600

Stop-Loss:45 pips
Risk: 0,5% - 1%

Risk-Reward: 2,15

LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

Wanna see more? Don`t forget to follow me

Comment:

CAD/JPY: Active trade

Adjusted stop-loss just a little bit by 5 pips down to 83,140 as JPY is re-testing strong resistance.

Crude OIL is pumping, SPX500 is steady aswell as yields and CAD/JPY is re-testing a support-zone.
Overall a lot of signs for a reversal 👉 I expect a fake-move here and I want to give the market more space for volatility.

You can of course keep the stop-loss where it is right now if you don`t want to accept more risk.

Comment:

CAD/JPY: Point of risk-reduction reached

Please move your stop-loss to break-even!

Trade closed manually:

CAD/JPY: Early exit +70 pips (+1,5%) ✅

Taking some more ahead the Crude Oil Inventories!